Analysts Set LivePerson, Inc. (NASDAQ:LPSN) Target Price at $1.32

Shares of LivePerson, Inc. (NASDAQ:LPSN - Get Free Report) have earned an average rating of "Hold" from the eight brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $1.32.

LPSN has been the subject of several research reports. Barclays increased their price target on LivePerson from $0.75 to $1.00 and gave the stock an "underweight" rating in a research note on Thursday, August 1st. StockNews.com upgraded LivePerson from a "sell" rating to a "hold" rating in a research note on Friday, September 6th. Craig Hallum raised their target price on LivePerson from $1.25 to $1.40 and gave the stock a "buy" rating in a research note on Thursday, August 1st. Finally, Needham & Company LLC restated a "hold" rating on shares of LivePerson in a research note on Thursday, August 1st.

LivePerson Stock Down 0.8 %

NASDAQ LPSN traded down $0.01 on Tuesday, reaching $1.19. The company had a trading volume of 721,921 shares, compared to its average volume of 2,916,983. LivePerson has a 52-week low of $0.45 and a 52-week high of $3.98. The stock has a market capitalization of $107.41 million, a P/E ratio of -0.63 and a beta of 1.78. The company's fifty day moving average is $1.15 and its 200 day moving average is $0.95. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 7.04.

Insiders Place Their Bets

In other LivePerson news, EVP Monica L. Greenberg sold 34,441 shares of LivePerson stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $1.12, for a total value of $38,573.92. Following the transaction, the executive vice president now directly owns 181,607 shares of the company's stock, valued at $203,399.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CAO Jeffrey Ford sold 21,935 shares of LivePerson stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $1.14, for a total transaction of $25,005.90. Following the sale, the chief accounting officer now directly owns 378,707 shares in the company, valued at $431,725.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Monica L. Greenberg sold 34,441 shares of LivePerson stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1.12, for a total value of $38,573.92. Following the sale, the executive vice president now owns 181,607 shares in the company, valued at $203,399.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 225,237 shares of company stock valued at $246,745 in the last ninety days. Company insiders own 9.00% of the company's stock.

Institutional Investors Weigh In On LivePerson

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in LivePerson by 6.4% during the first quarter. Vanguard Group Inc. now owns 8,656,439 shares of the technology company's stock valued at $8,634,000 after acquiring an additional 523,694 shares during the last quarter. Archon Capital Management LLC bought a new position in shares of LivePerson in the first quarter worth about $5,313,000. Squarepoint Ops LLC boosted its stake in shares of LivePerson by 25.8% in the second quarter. Squarepoint Ops LLC now owns 456,251 shares of the technology company's stock worth $265,000 after acquiring an additional 93,693 shares during the period. Los Angeles Capital Management LLC boosted its stake in shares of LivePerson by 3.0% in the second quarter. Los Angeles Capital Management LLC now owns 418,396 shares of the technology company's stock worth $243,000 after acquiring an additional 12,273 shares during the period. Finally, GSA Capital Partners LLP bought a new position in shares of LivePerson in the third quarter worth about $513,000. 79.83% of the stock is owned by institutional investors.

LivePerson Company Profile

LivePerson, Inc engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging.